Cryptocurrency exchanges are charging between $50,000 and $1 million to list initial coin offerings, according to a Business Insider investigation.
“The exchanges are where the liquidity is — it’s where the money is — so that’s where the power is just at the moment,” Michael Jackson, a partner at venture capital firm Mangrove Partners, told BI.
Exchanges are dominant now but that may change with tougher regulations and more standardised business models.
The cryptocurrency market, which trades various digital-based coins, can look exciting, scary, and mysterious all at once to the casual observer. Its pioneer, Bitcoin, dramatically surged in value and steeply dropped (before picking back up) in recent months. ICOs (initial coin offerings for new cryptocurrencies), meanwhile, are emerging at a head-spinning rate.
Brock Pierce inside the former Children’s Museum in Old San Juan, P.R., which he and his colleagues hope to make part of a crypto utopia where the money is virtual and the contracts are all public.
Continue reading… “Making a crypto utopia in Puerto Rico”
I’ve been thinking about the connections between the rise of Bitcoin and the unraveling of the EU (Brexit), Spain (Catalan), the Middle East and presumably more countries and regions to come (what Juan Enriquez calls “Untied States” in his book of that name).
Continue reading… “Before and after the nation state”
Blockchain-based skills platform BitDegree has unconventional plans for connecting tech talent and recruiters.
Continue reading… “Want to learn programming? This startup pays you cryptocurrency to study Python”
Privacy and anonymity are all the rage, and these coins are benefiting big time.
Continue reading… “Meet the newest cryptocurrency trend: privacy coins”
Where will the trajectory of the tech world, from cryptocurrencies to Silicon Valley culture, take us in 2018?
Continue reading… “18 exponential changes we can expect in the year ahead”
More than eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies.
Continue reading… “Here’s what the World’s Central Banks are saying about bitcoin”
What is a ‘Ponzi Scheme’, you ask?
“A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors’ funds to pay the earlier backers. For both Ponzi schemes and pyramid schemes, eventually there isn’t enough money to go around, and the schemes unravel.” — Investopedia
Continue reading… “Bitcoin is the total opposite or a Ponzi scheme- here’s why”
Bitcoin futures debut with 26% rally, trigger Cboe trading halts.
Continue reading… “Bitcoin futures trading opens,bringing crypto to Wallstreet”
BitDegree is a blockchain-powered online education platform that aims to change the way we get a degree. Find out how it works today in our review.
Continue reading… “BitDegree-Massive open online course education Blockchain ICO”
The cryptocurrency hype train obviously has no brakes. But could it eventually replace cash in the US? According to the thinking of economists cited by the Bank for International Settlements, it just might. And to the chagrin of the anti-establishment types that fueled bitcoin’s early rise, it will likely be run by the Federal Reserve.
Continue reading… “Will cryptocurrencies trash cash? ‘Fedcoin’ could do it”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.